Despite its large amounts of oil reserves and a tiny population of just under 700,000 souls, Equatorial Guinea remains one of the poorest countries on the planet.
As I have screamed elsewhere:
It is commonsensical that a country like Equatorial Guinea – small in size and with an abundance of oil – should never wallow in want. It takes a great deal of stupidity to plunge a whole 60% of the population in abject poverty with this much wealth. 700,000 people, Obiang. Just 700,000. You can keep track of every one of your citizens, providing for their basic needs and granting them a decent education, healthcare, housing and what not. Seriously. It is not rocket science. And even after all this you would have enough to pocket for your son’s playboy fantasies.